- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

How escrow and paying agent solutions can save your next M&A deal

Yet, even the best-crafted deal can unravel if the mechanics of payment and fund distribution go wrong.

Wealthy UK Business Owners Report Tax Risk Motivators, Barriers

Business owners with a lot of control over their business financials and not a lot of accounting know-how are particularly at risk

Reaction as IHT receipts rise again

The growth in IHT receipts, and forecasted tax-take acceleration from the OBR, will be welcome news for the chancellor.

Inheritance Tax receipts for April 13.8% higher than April 2024

That is an increase of 13.8% on the same month of 2024.

Clarity on Swiss Taxes

Against this background, trade tensions under the current US administration are evolving

Tax dodging by rich could be ‘much greater than thought’, says UK audit office

Watchdog issues warning after tax authority succeeds in raising more tax from wealthy than previously estimated

How a wealth tax could work in Britain

Calls are growing for a levy on total assets– but enforcement is easier said than done

Caitlin Southall: Pension reform or punishment? Unpicking the IHT debate

Like many in the industry, we identified a range of practical problems, not least for SSASs, which have unique structural characteristics.

Labour taxes edge up in the OECD as real wages recover in 2024

The report looks at eight stylised household types, which vary by income level and household composition.

FOI data shows just 2% of estates use this IHT mitigation rule but its use set to skyrocket

This equates to less than 2% of inheritance tax (IHT) paying estates.

Is it time to end the private equity tax loophole on carry?

Ironically, if taxation on private equity is increased in the US, it is now more likely that it will be at the hands of the Republicans, traditionally the party of finance and low taxation.

HMRC simplifies tax reporting as more taxpayers face Self Assessment amid shrinking allowances

Up to 300,000 taxpayers could be removed from the requirement to complete a Self Assessment return, with a new digital reporting service introduced for those with modest additional income.

Ex-EY and PwC executives launch Unity Advisory to challenge Big Four in UK – report

Backed by up to $300m (£225.54m) from Warburg Pincus, the venture is due to commence operations by June.

Advisers adapting to tax, tech and generational shifts: FE fundinfo survey

In a session delving into the ‘evolving wealth management landscape’ held yesterday, Stephen Ford highlighted that the looming overhaul of the UK’s tax framework formed a big theme.

UK Spring Statement 2025: tax anti-avoidance rules with criminal sanction target staffing supply chain

Users and suppliers of contingent workers can expect a more hostile HMRC in addition to proposed 'umbrella' legislation

BDO Switzerland increases revenue – except in Financial Services

New regulatory requirements and structural changes in the financial market shaped the fiscal year.

IHT tax take hits new high, up over 10%

CGT receipts hit £399m in March 2025, slightly lower than last year

HMRC tax receipts continue to soar with IHT tax take hitting new record high

PAYE income tax and NICs receipts for April 2024 to March 2025 came in at £486.9 billion, up by a huge £17.6 billion compared to the same period last year.

Another record year for IHT receipts as Treasury collects £8.2bn

This brought the 2024/25 tax year’s total to £13bn, slightly lower than last year’s £14.5bn.

HMRC to raise at least £110m annually by cutting IHT relief on AIM shares

IHT chargeable on most AIM shares will now be set at a rate of 20%, half the potential 40% benefit that was previously available.